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It makes little sense to leave crypto... assuming you mean cash out and walk away.
For most, that would mean a loss they'd never get back. Besides, even in a pump/dump bear
market, if you time it right, one can make money. It's can be tricky though.
I've always gone with the idea that everything is pumped/dumped/manipulated, so it's not
exactly a dealbreaker for me.
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I think it has to hit GDAX before coinbase, correct? And they need to make sure the price is stable.
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For coins you feel confident in long-term, just hold.
Everything else, just trade the best you can. As a general rule, I'll wait out
a terrible market rather than take a loss though.
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It's not like 'altcoin' is a thing that applies to all altcoins.
Some will likely last much more than 5 years. Some may be lucky to last 5 weeks.
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Hopefully a BTC ETF will get prices going in the right direction again.
If not, it's a wait until BTC halving time in 2020.
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Quickest and easiest is to simply press the 'print key' screen in windows. Then use a photo editor to crop it if you want.
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It depends a lot on the situation. In a bull market, 40-200% can just be the start. Many coins have done the 10x thing.
However, short-term it may be better to sell, or partially sell, and buy back in.
And in a bear market like this, 40% seems like a miracle.
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Well, if you consider that bitcoin, and with it other crypto currencies have tripled in the last year, then you should not cry and panic. I sympathize only with those people who bought bitcoin at a rate of 20,000 dollars in the hope of further growth. For them, the situation is not yet very good.
I feel bad for those people too. Besides the fact they lost so much, I expect many investing when it was that high was completely new to crypto. They had the beginner mindset where a coin will just go up and up forever. I expect most already sold at a pretty big loss. And that's not even counting folks who used credit cards or loans to buy into crypto. I probably feel less sorry for them, as that is sort of idiotic... still, they'll be in doubly bad shape. |
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This is not good because everything was a green light. even the analysts from Cointelegraph bought Bitcoin because they were so confident!
If the analysts at cointelegraph were always right, they'd retire as zillionaires. Their statistical analysis tends to be: if <whatever coin> goes up, it may go up higher. Consider buying. If coin goes down it may go lower, sell before it hits <low point>. Or basically 'Your guess is as good as ours.' |
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Day trading is hard enough as it is. Half the time I can't even do non-emotional day trading that great.
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I've been fine with Bittrex, but expect most of the top exchanges to at least be semi-risk free (relatively speaking). Just read up on reviews and any user comments from folks using the exchanges.
Best to stay away from exchanges with iffy policies, low volume or those who have been hacked already.
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Safest way to learn trading is to sign up for some bounties or airdrops.
Then trade away... if you mess up, not as big a deal, as you never put any real money into
it to begin with.
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This year, next year... who knows.
I'd like to think by 2020 at the very least. But the market cap doesn't need to go sky-high
for the crypto scene to be profitable. We just need things to stabilize.
Giants swings back and forth can also be profitable, but one needs a crystal ball to know
when those swings will occur. A stable market is easier to work in (at least for idiots like me).
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Assuming nuclear war doesn't break out anywhere, climate change will be the worst problem the World will face.
I just wonder how long it'll take for some govts out there to do anything about it. Probably by the time it's too late... if it's not already.
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Just recently i noticed a common trend with almost all ICOs.
There have been lots of complains that bounty hunters dump their tokens immediately after receiving them. Although, it is not true for all bounty hunters. Some still hold theirs.
Investors now get their tokens before bounty hunters. They are also allowed to start trading before bounty hunters get their rewards.
I believe this will prevent the investors from complaining and blaming the dump in price on bounty hunters.
Not a new strategy, as I remember ICOs doing it years ago. But it's actually a pretty decent idea. Only little problem is, quite often that turns into investors dumping before bounty hunters do, as they expect a dump as soon as the bounty coins are released. It may delay the initial dump, however, so there is a chance for a bit of a rise and dump back down to ICO-ish or so levels. |
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One thing for sure is because of it's decentralization that only a few companies accepting crypto, also government still lack of regulation related on cryptocurrency that's why it not accepted yet as medium payment but it will be after a few years because crypto is on mainstream.
For it to be widely used first merchants, retailers, vendors, suppliers, and other sellers must have the infrastructure to accept cryptocurrency as a type of payment. Fortunately, there are a lot of advantages for sellers in accepting cryptocurrency. Most importantly, the fees are much less than fees they pay to use credit/debit cards. It's these advantages that will drive sellers to accept cryptocurrency. There is potential there, but right now crypo is too volatile and too many roadblocks are in place. In the US, one even has to determine taxes on BTC when used for purchases. Too messy right now. |
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Not surprised. Many of the projects were DOA... they weren't even real coins to begin with, just meme coins and copycats trying to cash out real quick.
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Not necessarily a bad decision to cash out a high market coin and put it into something smaller, with the idea that there is much more potential to multiply one's money. Much easier for a low market-cap coin to do the 2-10x thing than ETH.
But one has to get lucky and pick the right coin. It's not like ADA is exactly a low market-cap coin either. So it's sort of a risk. Could work out, who knows.
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It's impossible today!
Growth does not occur because btc falls!
Can when this happens then i case bought this coins more that gives so much interest.
The same thought crossed my mind too. 200% in markets lately seems like a miracle. 20% is rare enough. Maybe 2% would be more accurate. |
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The Worldcup has a direct correlation to the price of BTC the same way as how the World Series dictates the stock market.
Now can BTC hit 2K? Of course. But I think 4K-6K seems more like the bottom to me. We are all guessing however, but just making up time frames and numbers is a waste.
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